Considering the nationwide lockdown and marginal staff strength of RTAs/Issuer Companies, SEBI has decided to provide relaxation to intermediaries/market participants for the equivalent period of lockdown declared by Govt. of India i.e. 21 days, for activities/investor requests/compliances to be made under SEBI Regulations and various SEBI circulars, major changes are as follows:
a) Reconciliation of share capital audit under reg. 76 of SEBI (D&P) Reg. 2018
b) Certificate received from Registrar under reg. 74(5) of SEBI (D&P) Reg. 2018
In case Govt. of India/State Govt. extend the lockdown period, additional relaxation in prescribed timelines for equal no. of extended days in lockdown is also being given to intermediaries/market participants.
Further, BSE has also clarified the timelines for filing of Share Capital Audit Report for the quarter ended March 31, 2020, under reg. 76 of SEBI (D&P) Reg. 2018, by May 30, 2020.
Effective date: April 13, 2020
Source: SEBI Circular dated April 13, 2020, & BSE Circular dated April 14, 2020
Source: SEBI Circular dated April 13, 2020, & BSE Circular dated April 14, 2020
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